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Description: Residence (Κατοικια)
Coverage: 0.35
Density: 0.6
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Zone 2) (Δηλωση Πολιτικης (Χωρ. Περιοχη 2))
Residential: 0.77 Km
Commercial: 0.43 Km
Tourist: 0.47 Km
Industrial: 1.05 Km
Agricultural: 1.49 Km
Farm: 6.07 Km
This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin.
A large piece of prime real estate land located next to the most popular strip of beach in all of Cyprus.
At a size of 8560m2 and with a build density area of 50%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.
ARCHITECTS PROPOSAL:
OPTION 1: RESIDENTIAL
Building Zone: 20%
Already Planning Permit being issued for the construction of Seven SEAFRONT villas with coverage of 350-400 sq meters villas.
OPTION 2: HOTEL APARTMENTS
Building Permit can be issued for building Touristic Hotel Apartments or Touristic suites.
In such case then:
50% Cover Density
50% Building Density
PRICE NEGOTIABLE
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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